The global Polyvinyl (PVC) Extrusion market is expected to grow at a decent CAGR of 2.12% throughout the forecast period to reach US$5.895 billion in 2024 from US$5.198 billion in 2018. The rapid increase in the demand of the PVC for both indoor and outdoor use is the major factor that will drive the market for the Polyvinyl (PVC) Extrusion during the given time frame. Extrusion is a continuous process of converting a solid plastic mass, pellet or powder into a melted from where it is pus Read more...
The global polypropylene resin market is projected to grow at a CAGR of 6.04% to reach US$109.055 billion in 2024 from US$76.694 billion in 2018. Polypropylene is a hugely versatile plastic due to its low cost, durability and excellent tolerance of both chemical substances and high temperature. The growth in polypropylene consumption is mainly driv Read more...
The global PET resin market was valued at US$30.295 billion in 2018 and 22.521 million tonnes by volume. PET (Polyethylene Terephthalate) is a clear, strong, lightweight plastic that is widely used for packaging food and beverages. It is most commonly used to package bottled water and carbonated drinks. The demand for PET resin is majorly driven by Read more...
The global thermoplastic resin market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2024, from US$XX.XXX billion in 2018.Thermoplastics are plastic polymers that soften when they are heated, allowing for molding, and solidify again as they are cooled. These are used for wide range of applications from consumer goods to medical equipment, depending upon the type of material. Rapid urbanization across the globe is bolstering the thermoplastics market growth. Geographica Read more...
The long afterglow phosphor Market is projected to grow at a CAGR of 5.29% during the period 2018-2024. Phosphorescence (afterglow) refers to the light emission at room temperature from a material that persists after the removal of the light source. The long afterglow phosphor is the phosphorescent pigment that stores light and emits in the absence of the light source for a considerable amount of time. The material is painted on switch panels in hospitals, industrial workplaces as a warning s Read more...
The Global polyurethane market is projected to grow at a CAGR of 6.16% to reach US$ 84.055 billion in 2024 from US$58.732 billion in 2018. Polyurethane is a plastic material which exists in various forms. It is versatile and is used in a wide variety of applications to create all kinds of consumer and industrial products. High demand from major end-user segments such as automobile, fast moving consumer goods, building and construction, and electronics is driving the polyurethane market growth Read more...
Calcium sulphate is the inorganic substance with chemical formula CaS04, also known as plaster of Paris or gypsum, and is used mainly for manufacturing cement, soil conditioning and moisture indicator. They are also increasingly being used in the pharmaceutical and agriculture industry. The demand for calcium sulphate is on the rise with the increasing use of plaster of Paris in building materials due to its quick setting characteristic. Moreover, the increased investment in the construction Read more...
The global UV curable resins market is expected to witness a CAGR of 7.03% to reach US$6,156.196 million in 2024 from US$4,095.699 million in 2018. UV-curing resins are material that is polymerized and cured in a short time by the energy radiated from Ultraviolet irradiation devices. They are widely used as industrial materials for sealing, bonding Read more...
Global ceramic fiber market is estimated to witness a CAGR of 7.10% to reach US$2.291 billion in 2024 from US$1.518 billion in 2018. Ceramic fiber or wool is known as a “refractory material” that has high resistant property. They are used in various applications which include petrochemical, ceramic, steel, power generation, glass and fire protectio Read more...
The global Molybdenum market is expected to witness a CAGR of 2.34% to reach US$5.069 billion in 2024, increasing from US$4.411 billion in 2018. Molybdenum is a refractory metal typically used in high-temperature applications. It is a silvery-white, very hard metal with a high melting point. They are widely used to produce steel alloys so as to inc Read more...
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